As of January 2026, the retail price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, stands at ₦1,080 per kilogram in Nigeria.
Naija News understands that despite ongoing challenges in the energy sector, supply constraints, and foreign exchange fluctuations, the price of cooking gas has fallen sharply over the past few weeks.+See more details
Here’s a breakdown of the cost for various cylinder sizes based on the ₦1,080/kg rate:
1kg – ₦1,080
3kg – ₦3,240
5kg – ₦5,400
10kg – ₦10,800
12kg – ₦12,960
12.5kg – ₦13,500
Key Factors Influencing Cooking Gas Prices In Nigeria
Exchange Rate Volatility
Nigeria relies heavily on gas imports due to inadequate local refining capacity. The depreciation of the naira increases the cost of imported LPG.
Global Crude Oil Prices
LPG prices are closely linked to international crude oil prices. A rise in global oil prices typically leads to higher domestic LPG costs.
Inadequate Infrastructure
Limited storage facilities, inefficient distribution networks, and high transportation costs across states further push up retail prices.
Import Dependency
Despite Nigeria’s vast gas reserves, much of the LPG consumed is imported. Import levies, port charges, and read more>> delays add to the final price paid by consumers.
Regulatory Policies & Taxes
Policy inconsistencies and taxation on LPG-related equipment and services impact pricing. Subsidy removal and market deregulation have also played a role in price hikes.
Demand Surge
More households are switching to LPG due to its cleaner-burning properties compared to charcoal or kerosene, increasing demand and putting pressure on supply.
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
